Manufacturer of Plastic Fans for Chemical Fume Extraction – Based in the West Midlands

Offers invited.

Key Highlights

– Works with a number of sectors such as chemical, food processing, plating industries, waste water treatment and refuse incineration.

– By operating across a comprehensive range of sectors, the business has protected itself against an economic downturn in any particular industry.

– Benefits from client loyalty and has worked with many large and prestigious organisations.

– Operates from leasehold premises that are currently owned by the shareholders and may be purchased by the company in the future.

– Efficient and experienced management team in place.

– Provides an ideal bolt-on acquisition for companies looking to extend their service offering and client base.

Financial Highlights

– Management turnover of £2.8 million in YE24, with an adjusted EBITDA of £1 million.

– Turnover of circa £2.6 million in YE23, with an adjusted EBITDA of £985k achieved within the same year.

– Gross profit margin of 65%.

– Has experienced year-on-year growth.

– The company also has a multitude of large ongoing projects.

– The majority of the company’s custom is generated from the UK, which accounts for 90% of its sales. The remaining 10% of sales are split between Ireland and other countries worldwide.

– Owns a small parcel of land at the back of its premises, which is included in the sale.